The Clock Is Ticking on Aumni
In February 2025, JPMorgan announced it would be shutting down Aumni on March 31, 2025. This has left many venture capital firms scrambling to find a replacement for their portfolio analytics.
While it may seem daunting, this transition also presents an opportunity: to upgrade to a more modern, AI-powered system that can do more than Aumni ever could.
In this guide, we'll walk you through five of the best Aumni alternatives in 2025, to help you find the right fit for your firm.
What To Look For In An Aumni Replacement
Before diving into specific alternatives, let's establish what makes a good Aumni replacement. Here are the key capabilities you should look for:
Core Portfolio Analytics
At minimum, your new platform should offer:
- Cap table tracking – Monitor ownership stakes, dilution, and equity positions across your portfolio
- Investment tracking – Record and analyze all investments, follow-ons, and exits
- Document management – Store and organize legal documents, term sheets, and company materials
- Portfolio company metrics – Track KPIs, financial data, and performance indicators
Advanced Capabilities
To truly upgrade from Aumni, look for:
- AI-powered data extraction – Automatically pull data from documents without manual entry
- LP reporting automation – Generate investor reports with minimal effort
- Real-time valuations – Get up-to-date portfolio valuations, not just quarterly snapshots
- Integration flexibility – Connect with your existing tools and data sources
The 5 Best Aumni Alternatives
1. GoodStream
Best for: Firms wanting AI-powered automation and LP reporting
GoodStream represents the next generation of portfolio management platforms. Built specifically for private market investors, it uses AI to automate the most time-consuming aspects of portfolio management.
Key Features:
- AI document extraction – Automatically extracts data from term sheets, cap tables, and financial statements
- Automated LP reporting – Generate ILPA-compliant reports with a few clicks
- Real-time portfolio monitoring – Continuous updates rather than quarterly snapshots
- Direct data integrations – Connect to portfolio company systems for live data feeds
Best For: Firms that want to reduce manual data entry by 90%+ and produce LP reports in hours instead of weeks.
Pricing: Custom pricing based on portfolio size
2. Carta
Best for: Firms already using Carta for cap table management
Carta is one of the most recognized names in cap table management. While primarily known for helping startups manage their equity, Carta also offers portfolio management tools for investors.
Key Features:
- Cap table management and 409A valuations
- Portfolio tracking dashboard
- Document storage
- LP portal for investor communications
Best For: Firms that want an all-in-one solution for cap table management and basic portfolio tracking, or those whose portfolio companies already use Carta.
Limitations: Limited AI capabilities, primarily focused on cap tables rather than comprehensive portfolio analytics.
3. Visible
Best for: Firms focused on portfolio company communication
Visible is designed around the relationship between investors and their portfolio companies. It excels at collecting data from companies and sharing updates with LPs.
Key Features:
- Portfolio company data collection
- Investor updates and reporting
- KPI tracking and benchmarking
- LP portal
Best For: Firms that prioritize communication and transparency with both portfolio companies and LPs.
Limitations: Less robust for complex cap table management or legal document analysis.
4. Juniper Square
Best for: Larger firms with complex fund structures
Juniper Square is an enterprise-grade platform designed for institutional investors. It offers comprehensive fund management capabilities across multiple asset classes.
Key Features:
- Fund administration and accounting
- Investor relations and capital raising
- Document management
- Reporting and analytics
Best For: Larger firms managing multiple funds across different asset classes who need institutional-grade infrastructure.
Limitations: May be overkill for smaller VC firms, with a steeper learning curve and higher price point.
5. Affinity
Best for: Firms prioritizing relationship management
Affinity is primarily a relationship intelligence CRM, but it has expanded into portfolio management capabilities. It's particularly strong at tracking relationships and deal flow.
Key Features:
- Relationship intelligence and CRM
- Deal flow management
- Portfolio company tracking
- Integration with email and calendar
Best For: Firms that want to combine their CRM and portfolio management, with a focus on relationship tracking.
Limitations: Portfolio analytics are less comprehensive than dedicated tools.
Comparison Table
| Feature | GoodStream | Carta | Visible | Juniper Square | Affinity |
|---|---|---|---|---|---|
| AI Data Extraction | ✓ | – | – | – | – |
| Cap Table Tracking | ✓ | ✓ | Basic | ✓ | Basic |
| Automated LP Reports | ✓ | Basic | ✓ | ✓ | – |
| Real-time Valuations | ✓ | Quarterly | – | Quarterly | – |
| CRM Integration | ✓ | – | Basic | – | ✓ |
| Portfolio Co. Data Collection | ✓ | – | ✓ | – | – |
Making the Transition: What to Expect
Migrating from Aumni to a new platform doesn't have to be painful. Here's a general timeline for what to expect:
Week 1-2: Data Export and Assessment
- Export all data from Aumni (companies, investments, documents)
- Audit your data for completeness and accuracy
- Identify gaps or issues that need to be addressed
Week 3-4: Platform Setup
- Configure your new platform
- Set up user accounts and permissions
- Import company and investment data
Week 5-6: Document Migration
- Transfer legal documents and files
- Verify document organization and tagging
- Set up any automated extraction or processing
Week 7-8: Testing and Training
- Test all workflows and reports
- Train team members on the new platform
- Run parallel systems if needed for validation
Ready to Make the Switch?
The Aumni shutdown is a forcing function, but it's also an opportunity. The platforms available today offer capabilities that weren't possible when Aumni was first built.
If you're looking for a modern, AI-powered alternative that can reduce manual work and produce better LP reports, book a demo with GoodStream. We'll show you how firms are making the transition in weeks, not months.
Need help migrating from Aumni? Contact our team for a personalized migration plan.
